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ATO SMSF annual briefing 2016
Media Releases

Industry SuperFunds long-term outlook means they can withstand Coronavirus market shock

  Published: 12 Mar 2020

Industry SuperFunds long-term outlook means they are well-placed to deal with the decline to Australian and global share markets caused by the Coronavirus.

The impact COVID-19 will have on global economies is still largely unknown, and it is not clear how long the market volatility will last.   

But due to the diversity of assets in super funds’ portfolios the losses are likely to be far more muted than the headline-grabbing share market plunges seen on the evening news.

*The above material, whilst correct at the time of publication may include references or statements which are no longer current.

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